BBVA Banco Frances S.A. (NYSE:BFR) to Issue Annual Dividend of $0.17 on August 10th
BBVA Banco Frances S.A. (NYSE:BFR) announced an annual dividend on Monday, July 31st, NASDAQ reports. Investors of record on Thursday, August 10th will be given a dividend of 0.167 per share by the bank on Thursday, August 10th. The ex-dividend date is Tuesday, August 8th. This is a positive change from BBVA Banco Frances’s previous annual dividend of $0.10.
Shares of BBVA Banco Frances (BFR) opened at 15.93 on Monday. The company’s 50-day moving average price is $17.70 and its 200-day moving average price is $18.21. BBVA Banco Frances has a 52-week low of $15.41 and a 52-week high of $21.90. The firm has a market capitalization of $2.85 billion, a P/E ratio of 12.01 and a beta of 0.67.
A number of brokerages have issued reports on BFR. UBS AG upgraded shares of BBVA Banco Frances from a “sell” rating to a “neutral” rating in a research report on Friday, May 26th. ValuEngine lowered shares of BBVA Banco Frances from a “buy” rating to a “hold” rating in a research report on Wednesday, June 14th. BidaskClub lowered shares of BBVA Banco Frances from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Credit Suisse Group upgraded shares of BBVA Banco Frances from an “underperform” rating to an “outperform” rating in a research report on Tuesday, June 13th. Finally, Zacks Investment Research upgraded shares of BBVA Banco Frances from a “strong sell” rating to a “hold” rating in a research report on Monday, May 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. BBVA Banco Frances presently has a consensus rating of “Hold” and a consensus target price of $29.00.
BBVA Banco Frances Company Profile
BBVA Banco Frances SA (the Bank) is a provider of financial services to large corporations, small and medium-size companies (SMEs), as well as individual customers. The Bank is focused on the financial sector, through its activities related to banking/financial, pension fund manager and insurance. The Bank has all its operations, property and customers located in Argentina.
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